Comment posted Insurance On Your House, What Does Home Insurance Cover? by MLaw.

Read your policy. Nobody here can do that.

MLaw also commented

• Things may vary by company and state, but …
  Floods are never covered on home insurance; you need a flood policy for that. Internal water burst (broken pipe, exploded hot water heater) is covered for damaged property, possibly the repair too. Leaky roof is covered (for what damaged, not for fixing the roof).
  Many companies give discounts for deterrants (alarms, detectors, etc.), and may send out warnings if they do a visual inspection and see problems (bad roof, lack of railings, broken steps).
  The other stuff like vandalism, hail, lightning, explosion, fire, theft tend to be covered.
  Backup of sewers and drains can usually be added on for a fee.
  Check with your agent if you have questions.
  The policy should also cover liability (what if someone slips on your property and sues you?)
  By the way, a tree falling on your house would be considered an act of God, but not a flood. Repairing the damage would be covered, but removing the tree might not be.
  Everywhere I say “would be covered” means “subject to deductible”.
• Floods and hurricanes because they are called “Acts of God” cost more. It covers things like theft, liability in case someone is injured
• It depends on your policy. You need to read the whole policy before you bind it. Yes, I understand that those policy sheets are perfect to put you to sleep, but too many people have gotten burned by not knowing what is and what is not covered on your policy.
  You can ask your insurance agent, also, but unless he/she is willing to put in writing what’s covered, you may as well read it yourself.
  Best of luck!

Recent comments by MLaw

• Need To Target Health Insurance Clients, Do You Have A Good Model?
  Hi, only way I can help u is showing u a site I freely registered to promote and expose my business to millions of people. When going in, turn on ur speakers and use your mick as you will be personally greeted and someone will be there to explain to you how it will work for you and you can ask questions. You will find me there evenings as well. Hope to see you there. You can also email me for info at rpelley5@yahoo.com. The site below does not show up too well so please type it withoug spaces……..tks.. http://www.bestcashrewards .com/affiliates/t.php? rid=914
• What Happens To The Dividend Option Term Rider On A Whole Life Insurance Policy?
  The purpose of a dividend option is to purchase paid up additions or term insurance for a specified amount of time (5 years, 7 years, ect.). It sounds that you are doing the latter and are using your dividends to repurchase term insurance at your attained age. This would cause an increase in the premium cost. You might consider paid up additions. The amount of insurance would be less, but you would avoid the higher cost you mentioned.
• Need To Target Health Insurance Clients, Do You Have A Good Model?
  I don’t mean to be rude and I hope you don’t take it as such… but I think your reasoning is… askew. The whole point of marketing is to find some association with the client on an EMOTIONAL level. Then use education and numbers to make sure the association reaches them. Let’s look at it that way for a moment. First off, everybody needs health insurance. Then, if you want to sell private health insurance, the only people who will want to buy are the people who don’t have it through some other source (work, government aid… etc.) At this point, you will probably find lots of single parents who have a job and make too much for government aid, but don’t have health insurance through their work. Then, when you look at their household incomes and household expenditures, you will see why selling private health insurance is so difficult. They don’t have very much left. You have several advantages actually. Everybody knows they need it. Everybody wants it and they will search out the most unlikely and far-fetched rumours they hear, trying to get it. But they can’t afford it. Now we have your demographic target and your hook (technically called the “emotional recall cue”) Now it’s time to use the brains and the numbers. What if, instead of your psychographical data… you worked with the accounting dept. to figure out some way that LOW income people could afford your plan. Yes, I know, management wants you to recruit middle class clients. But if you change your program to accomodate lower class clients, you will actually be recruiting the people they want because government subsidy (so to speak) has thrown off your demographic net worth numbers. So, now we have our emotional hook. Amazingly simple… health care that the working single parents can honestly afford. If you can make that happen, you will dominate your industry. I promise you that they will beat a path to your door. You could have the crapiest marketing material on the continent (I wouldn’t advise it, but you could) and you will still see double digit growth rates… quarter after quarter. Your problem will be this: the risk of serious illness will be hard for your management to gamble on. They will balk at the idea… I promise that too. The question is: do you want to succeed in your industry or do you want to be a great salesperson. If you just want to sell then throw all that data and all those formulas away and work with a creative marketing consultant on a fantastic viral campaign.
• Can A Parent Have Their Married Daughter On Their Health/auto Insurance?
  Health insurance – no. The daughter is married and needs to have her own insurance or be on her husband’s.
  Auto – yes.
• What Happens To The Dividend Option Term Rider On A Whole Life Insurance Policy?
  This is a good question for your agent or customer service because dividends are not guaranteed and may have a significant impact on your policy if they change. If the term portion of your policy is dependent on dividends, then it is not guaranteed at your current premium. As you mentioned, you may have to pay more premium to keep the same amount or reduce your coverage if the insurance company’s dividend changes.
  Also, I wouldn’t use the phrase “lowest cost” because there may be a less expensive way for you to achieve the same goal. I always recommend someone who is looking for life insurance consider the opinion of more than just one source.
  Good luck

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